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re: Paying taxes on a 401K in plan Roth IRA conversion. (converting stock to Roth)

Posted on 2/20/13 at 10:51 am to
Posted by BOSCEAUX
Where the Down Boys go.
Member since Mar 2008
48139 posts
Posted on 2/20/13 at 10:51 am to
To summarize I think I fricked myself and will owe money for the first time ever.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 2/20/13 at 10:54 am to
Pretty much.

Now if you put it in a traditional IRA you wouldn't have had taxes.
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